Permira hires Thoma Bravo partner Mike Hoffmann to lead AI tech dealmaking push

Permira hired Thoma Bravo partner Mike Hoffmann to join its technology team on June 1, 2026, as the global investment firm prepares for an expected wave of AI‑driven mergers and acquisitions. Hoffmann, based in Menlo Park, California, brings more than 15 years of software and technology investing experience. At Thoma Bravo, Hoffmann led investments in software, infrastructure, cybersecurity, and data companies, including ConnectWise, Verint, and Talend. In his new role, he will pursue large‑cap and upper middle‑market buyouts as well as growth investments, with a focus on AI‑enabled businesses and infrastructure such as data centers. Permira’s technology platform returned more than €12.6 billion ($14.7 billion) to investors in 2025, its largest annual distribution ever, driven by exits including the sale of Informatica to Salesforce. Co‑CEO Brian Ruder said deeper sector expertise is essential as AI transforms the economy. Permira advises funds with roughly $100 billion in total committed capital.